I see 02 scenarios that can happen in BTC at this time.
Scenario 01
Although BTC is currently in a down movement, the market structure is still bullish from the daily level. With that, if you hold the 1D breaker block between 93440 - 95700 where BTC is currently held, BTC has the opportunity to claim the all time high again. For this to happen, the 1H market structure, which is currently bearish, must also be bullish.
Scenario 02
If the breaker block that I talked about earlier is broken, 91510 will be broken and the 1D market structure can be bearish. If that happens, the market may come to fill the 1D FVG between 81699 - 85159.
There are still not enough confirmations to say what will happen with these two. With that, we have to wait a bit today without tradingšā¤ļø
- Reasons
